Wed.Sep 13, 2023

article thumbnail

Cybersecurity for CPAs: Beware the inside threat

Accounting Today

Not looking out for insider threats can cost a company dearly.

331
331
article thumbnail

Embracing growth and efficiency: Key Insights from the UK Accounting and Bookkeeping Industry Report 2023

Xero

We are pleased to share the key findings from our study of the accounting and bookkeeping sector. This report involved engaging with over 600 accounting and bookkeeping professionals practising across the UK, from sole practitioners to large practices. Despite global economic uncertainty and rising inflation, this sector has shown remarkable growth and resilience.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

EY sees global revenue grow 14.2% to $49.4B

Accounting Today

Ernst & Young saw one of the biggest revenue increases in its history despite the cancellation of its plan to spin off its consulting practice.

article thumbnail

Xero Beautiful Business Fund: Apply now to help your business achieve its sustainability goals

Xero

There’s all sorts of great ways to help make your business more sustainable and have a positive impact. Some businesses might have a sustainability purpose core to what they do, like reducing food waste, wildlife conservation, or waterway restoration. Others might want to become more sustainable, through initiatives like reducing waste or consumption, shifting to a green fleet of vehicles, transitioning to a more sustainable business model, such as circular economy or regenerative agriculture, o

XERO 264
article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

article thumbnail

IRS cracks down on illegal sports betting

Accounting Today

The Internal Revenue Service's Criminal Investigation division is targeting illegal activity tied to sports betting as the pro football season gets underway.

Tax 321
article thumbnail

Clients Can Have Peace of Mind with Rewind

Accounting Department

Since its establishment in 2015, Rewind has been dedicated to empowering businesses to safeguard their valuable SaaS and cloud data. With an impressive customer base of over 100,000 across 100 countries, Rewind's highly acclaimed apps and unwavering support have become the go-to solution for ensuring the uninterrupted operation of software-as-a-service applications.

More Trending

article thumbnail

Women in Tech: Why We Need More

Intuit

3 reasons why we need more women in tech Women continue to make strides in the workforce and break down barriers. Millions of women work in industries they may have never thought possible. Yet, despite the progress we see in today’s business landscape, we still don’t see enough women in tech. Many tech companies are launching initiatives to bring more women into the industry, but numbers still need to grow.

246
246
article thumbnail

AICPA offers help with disaster preparedness and ESG

Accounting Today

The American Institute of CPAs is teaming up with other groups to help accountants cope with natural disasters, as well as learn more about the environmental, social and governance area.

article thumbnail

CPA pipeline problems: Insights from a state society CEO

Blake Oliver

The accounting talent pipeline is narrowing at a troubling rate. As baby boomers retire, fewer college students opt into the profession, creating a widening gap in the number of CPAs. In my latest Firm of the Future article , I share insights from a recent podcast interview with Jen Cryder, CEO of the Pennsylvania Institute of CPAs. She describes a profession facing urgent questions about its future workforce.

CPA 115
article thumbnail

Taking advantage of the shrinking middle tier of CPA firms

Accounting Today

The bevy of CPA firm M&A in recent years has changed the size and composition of firms in the market.

CPA 314
article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

How Decluttering the Digital Workspace Can Boosting Productivity and Mental Well-being

LedgerDocs

In recent years document management has evolved from file cabinets and paper clutter to more sophisticated and intricate digital systems. The shift to digital document management has allowed businesses to make strides towards efficiency and accessibility, and it without a doubt had an impact on the mental well-being of employees. Digital document management has changed the way our workday flows, influencing our productivity and mental health through the reduction of clutter, increased organizati

article thumbnail

Idalia victims in Georgia get tax relief

Accounting Today

The IRS is pushing back filing and payment deadlines for those impacted by the storm.

Tax 300
article thumbnail

8 Steps to Improving Cash Flow Forecasting

Insightful Accountant

MineralTree's Jose Garcia explains how accurately projecting future cash inflows and outflows can help you anticipate short- and long-term financial circumstances.

104
104
article thumbnail

Inflation expected to drive up tax bracket limits in 2024

Accounting Today

Inflation-adjusted amounts in the Tax Code are predicted to increase 5.4% in 2024, according to a new report from Bloomberg Tax.

Tax 260
article thumbnail

Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

article thumbnail

4 Scalable Features to Increase Your Tax Prep Prices

Future Firm

As I shared numerous times before, I love the idea of presenting clients with Gold, Silver, and Bronze options for personal tax preparation services. However, in this episode, our focus will be on highlighting some of the additional features you can provide and discussing how to present them, rather than demonstrating how to bundle them together. Listen Below. 0:51 – Out of all the services I offer, standalone personal tax preparation services are probably the ones I like the least.

Tax 97
article thumbnail

Accountants remain most trusted players in tax globally

Accounting Today

Professional accountants continue to be the single most trusted stakeholders in tax in every G20 country, according to a new survey.

Tax 219
article thumbnail

Whats New in QBO: QB Bill Pay

Insightful Accountant

Pay your bills right inside QuickBooks, without third-party apps, using the new QuickBooks Bill Pay.

Billing 69
article thumbnail

Cherry Bekaert acquires Cordia Partners

Accounting Today

The Top 30 Firm has acquired a provider of outsourced accounting, business advisory, technology and business process consulting services, plus its executive recruiting arm.

article thumbnail

8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

article thumbnail

Wanna Know Some Secrets (About Desktop 2024)?

Insightful Accountant

Wouldn't it be nice if Murph could reveal all the secrets he knows about QuickBooks Desktop 2024? Well, he plans to reveal them at our next 'QB Talks.

article thumbnail

U.K. charges four over Patisserie Valerie accounting fraud

Accounting Today

The Serious Fraud Office charged the former CFO as well as three others with inflating the cash in the bakery chain's balance sheets.

article thumbnail

Future Forward 2023: The Problem to Solve, Your Key in Technology

Insightful Accountant

Will Hill Consults' Will Hill will show you everything you need to know about sifting through today's technology opportunities. Sign up for the 'Future Forward' webinar today.

59
article thumbnail

California gets ahead of SEC in forcing firms' carbon disclosure

Accounting Today

State legislators passed a bill that would leapfrog the Securities and Exchange Commission's efforts to require companies to disclose their greenhouse gases and climate-related financial risks.

Billing 189
article thumbnail

How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

article thumbnail

FinOps Domains, Capabilities, and Maturity Model Assessment

Economize

Adopting and implementing FinOps within your organization requires an understanding of a few crucial concepts, namely FinOps Domains, FinOps Capabilities, and FinOps Maturity Assessments. In essence, FinOps Domains represent a sphere of activity or knowledge, covering every facet of cloud financial management. Within each domain, you’ll find a suite of FinOps Capabilities.

FinOps 59
article thumbnail

Intuit Announces 'QuickBooks Money'

Insightful Accountant

QuickBooks Money is Intuit's new 'subscription-free' banking and payments product for small businesses.

article thumbnail

How Smart Is Intuit's New AI "Intuit Assist" (with Jack Castonguay)

Cloud Accounting Podcast

This week we dive into the pipeline shortage and the need for more accounting candidates, and discuss Intuit's groundbreaking use of AI in TurboTax and its potential impact on accounting professionals. Guest Jack Castonguay sheds light on FASB's recent announcement on accounting standards for digital assets and how it affects companies holding crypto assets.

CPA 56
article thumbnail

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment Home / September 12, 2023 The claim life cycle as it travels through the world of healthcare administration is an intricate and complex journey. Within this process lies the essential task of medical billing, a behind-the-scenes operation that quietly ensures healthcare facilities are properly reimbursed for their services.

article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

Small Business Accounting Software

Tipalti

Which small business accounting software is outperforming the rest in 2023? From automating AP tasks to cutting costs, read our full lineup.

article thumbnail

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment

SSI Healthcare Rev Cycle Solutions

Understanding the Healthcare Claim Life Cycle: From Patient Registration to Payment Home / September 12, 2023 The claim life cycle as it travels through the world of healthcare administration is an intricate and complex journey. Within this process lies the essential task of medical billing, a behind-the-scenes operation that quietly ensures healthcare facilities are properly reimbursed for their services.

article thumbnail

Days Payable Outstanding Calculator

Tipalti

Take simple steps towards improved cash flow and vendor management by using the days payable outstanding (DPO) calculator. Optimize payment strategies and boost your financial efficiency.

article thumbnail

6 Reasons Why Accounts Payable Outsourcing is the Best Choice for Your Business

Outsourced Bookeeping

Nowadays, when it comes to maintaining financial record statements and account books for businesses, it has become a highly stressful and cumbersome task. With increased responsibilities on the heads of different employees of organizations, managing accounts and financial statements of accounts payable domains is something that cannot be handled single-handedly by organizations internally.

article thumbnail

How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.